438 Money in your 70s: optimising and protecting

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Retirement planning doesn’t just happen once, it’s an ongoing process that changes as you move through your 50s, 60s and 70s. In this episode, Glen and financial adviser Martin McGrath discuss why your 70s are the decade to optimise and protect your wealth. They cover:

👉 reviewing your Government entitlements regularly

👉🏼 key things to review

👉🏽 reviewing pension draw down each year

👉🏾 the minimum pension payment by age

👉🏿 simplifying your affairs

👉🏻 recontribution and final contribution strategies

👉 the Downsizer contribution explained

👉🏼 planning age cared needs early

👉🏽 reviewing your estate plan

👉🏾 spending with confidence

👉🏿 leaving a legacy and helping adult kids

👉🏻 action steps

Money in your 60s: Apple | Spotify

Money in your 50s: Apple | Spotify

Aged Care planning case study: Apple | Spotify | Youtube

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Glen James has a financial interest in Tallowwood Wealth Advice. This content is for education and entertainment purposes only and is intended for Australian residents. It is not a substitute for professional financial, tax or legal advice. Any advice provided is general financial advice only, which does not take into account your objectives, financial situation or needs.You should consider whether the advice is appropriate for your circumstances before acting on it. If you choose to buy a financial product, read the relevant product disclosure statement (PDS) and target market determination (TMD), and seek personal advice from a licensed adviser. We may discuss products, services or listener questions within our content for illustration and entertainment purposes. It is impossible to provide personal advice in this format, as we don’t know your individual financial situation. We may also change the names of questioners for privacy. While we do our best to provide accurate information, we accept no responsibility for any inaccuracies. Guest opinions are theirs and their respective licence holders. SYMO Interactive Pty Ltd and Glen James are authorised representatives of MoneySherpa Pty Ltd, which holds Australian Financial Services Licence 451289. Please read our Financial Services Guide at moneypodcast.com.au.

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